Welcome to your serene waterfront retreat on Chapman Lake! Situated in Chapman Lake Estates, this charming 2-bedroom, 1-bath ranch offers 1,294 sq. ft. of turn-key living space with direct water frontage. Fully gutted, updated, and expanded with a thoughtful addition within the last decade, this home blends complete peace of mind with modern comfort. Step inside to bright, sun-filled living spaces configured to maximize water views. Outside, magnificent dual outdoor decks offer the ultimate vantage point to take in tranquil views and host summer gatherings right on the shoreline. Key property features include an oversized 2-car attached garage with ample storage/workshop space, a full-property backup generator, central air conditioning, and efficient propane forced-air heat. Nestled on a quiet private road approximately 10 miles southwest of West Branch and just a convenient 2.5-hour drive from Metro Detroit via I-75, this move-in-ready property is the perfect full-time residence or northern Michigan getaway!
For sale
$325,000
5889 Raymond Dr, Gladwin, MI 48624
2beds
1,294sqft
Single Family Residence
Built in 1990
0.42 Acres Lot
$303,900 Zestimate®
$251/sqft
$-- HOA
What's special
Direct water frontageQuiet private roadSerene waterfront retreatEfficient propane forced-air heatMaximize water viewsMagnificent dual outdoor decksCentral air conditioning
- 80 days
- 243
- 21
Zillow last checked:
Listing updated:
Listed by:
Bryan Besaw 989-316-6213,
Keller Williams Paint Creek 248-609-8000
Source: MiRealSource,MLS#: 50219156
Originating MLS: Bay County REALTOR Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Features: Luxury Vinyl
- Level: Entry
- Area: 154
- Dimensions: 14 x 11
Bedroom 2
- Level: Entry
- Area: 99
- Dimensions: 11 x 9
Bathroom 1
- Features: Luxury Vinyl
- Level: Entry
- Area: 64
- Dimensions: 8 x 8
Dining room
- Level: Entry
- Area: 96
- Dimensions: 8 x 12
Kitchen
- Level: Entry
- Area: 225
- Dimensions: 15 x 15
Living room
- Features: Luxury Vinyl
- Level: Entry
- Area: 299
- Dimensions: 23 x 13
Heating
- Forced Air, Propane
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Features
- Basement: Walk-Out Access,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,525
- Total interior livable area: 1,294 sqft
- Finished area above ground: 1,294
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: Waterfront
- Body of water: Chapman Lake
- Frontage length: 60
Lot
- Size: 0.42 Acres
- Dimensions: 60 x 212.37 x 75 x 238.31
Details
- Parcel number: 00330001200
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement, Concrete Perimeter
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & HOA
Community
- Subdivision: Chapman Lake Estates
HOA
- Has HOA: No
Location
- Region: Gladwin
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $183,000
- Annual tax amount: $1,602
- Date on market: 8/20/2026
- Cumulative days on market: 80 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$303,900
$289,000 - $319,000
$972/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $325,000$251/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,563 +7.7% | $91,500 +17.3% |
| 2024 | $1,452 +3.8% | $78,000 +9.4% |
| 2023 | $1,399 +6.8% | $71,300 +22.5% |
| 2022 | $1,310 -5.3% | $58,200 +9.2% |
| 2021 | $1,384 | $53,300 -1.1% |
| 2020 | -- | $53,900 -9.4% |
| 2018 | $695 -47.6% | $59,500 -3.6% |
| 2017 | $1,328 | $61,700 -2.2% |
| 2016 | $1,328 -24.2% | $63,100 +46.4% |
| 2015 | $1,752 +290.3% | $43,100 -5.7% |
| 2014 | $449 | $45,700 -3.2% |
| 2013 | -- | $47,200 -4.3% |
| 2012 | -- | $49,300 +17.4% |
| 2011 | -- | $42,000 -2.3% |
| 2010 | -- | $43,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48624
Nearby schools
Schools provided by the listing agent
- District: West Branch - Rose City Area Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






